Petrol and Diesel Prices Today: New rates for petrol and diesel released on October 22; check the prices in your city..

There has been no change in petrol and diesel prices today. Oil Marketing Companies (OMCs) in the country release updated rates at 6:00 AM, which are based on fluctuations in international crude oil prices and the dollar-rupee exchange rate. However, CNG prices have increased in some cities; the most significant hike—₹2 per unit—was recorded in Chennai, Mathura, and Meerut.

Petrol and Diesel Prices Today

In New Delhi, the price of petrol stood at ₹102.12 and diesel at ₹95.20. In Kolkata, petrol was priced at ₹113.51 and diesel at ₹99.82. In Mumbai, petrol cost ₹111.21 and diesel ₹97.83. In Chennai, petrol was at ₹107.76 and diesel at ₹99.55.

In Gurugram, petrol was priced at ₹102.97 and diesel at ₹95.64. In Noida, petrol cost ₹101.96 and diesel ₹95.44. In Lucknow, petrol was at ₹101.86 and diesel at ₹95.36. In Chandigarh, petrol was priced at ₹101.54 and diesel at ₹89.47.

Chandigarh recorded the lowest prices for both petrol and diesel. Hyderabad saw the highest price for petrol at ₹116.15, while diesel there was priced at ₹104.23. Thiruvananthapuram recorded the highest price for diesel at ₹104.40, with petrol priced at ₹115.49.

In Bengaluru, the price of petrol was ₹111.68 and diesel was ₹99.56. In Bhubaneswar, petrol was priced at ₹108.97 and diesel at ₹100.68. In Jaipur, the price of petrol was ₹113.19, and the price of diesel was ₹98.25. In Patna, petrol was priced at ₹113.37, and diesel at ₹99.36.

Across all 14 of these cities, petrol prices remained above ₹100. In Bhubaneswar, Hyderabad, and Thiruvananthapuram, diesel prices crossed the ₹100 mark.

There was a difference of ₹14.61 between the petrol prices in Hyderabad and Chandigarh. In Thiruvananthapuram, the price of diesel was ₹14.93 higher than in Chandigarh.

Today’s CNG Prices

In Mumbai, the price of CNG increased by ₹1 to reach ₹89.00. In Chennai, there was an increase of ₹2, bringing the price to ₹99.50. In Bengaluru, the CNG price rose by ₹1 to ₹98.00. In New Delhi, the price of CNG remained stable at ₹86.98.

In Hyderabad, the price of CNG was ₹112.00—the highest among the 13 locations surveyed. In Rewari, there was no change, with the price of CNG remaining at ₹91.59. In the NCR (National Capital Region), the price of CNG also remained stable at ₹86.98. Among these locations, New Delhi and the NCR recorded the lowest CNG prices.

What factors determine fuel prices?

Crude Oil Prices:
Petrol and diesel are primarily produced from crude oil. When international crude oil prices rise, it has a direct impact on the Indian market.

Rupee vs. Dollar:
India imports the majority of its crude oil, which is purchased in US dollars. If the rupee weakens, fuel becomes more expensive.

Government Taxes and Levies:
Central and state governments impose significant taxes on petrol and diesel, which account for a large portion of the retail price. This is the reason why fuel prices vary across different states.

Refining Costs:
The process of making crude oil usable—known as refining—also incurs costs. These costs depend on the quality of the crude oil and the capacity of the refinery.

Supply and Demand Balance:
If the demand for fuel in the market increases, prices tend to rise. Fuel consumption is typically higher during festivals, as well as during the summer or winter seasons.

How to check prices in your city via SMS?

If you would like to check fuel prices using your mobile phone, the process is simple:

Indian Oil customers: Type your city code, add "RSP" before it, and send it to 9224992249.

BPCL customers: Type "RSP" and send it to 9223112222.

HPCL customers: Type "HP Price" and send it to 9222201122.

Disclaimer: This content has been sourced and edited from Money Control. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.